I picked up a couple of catalogues down at Active Angling and I noticed a couple of companies are now offering "immersion waders".
Basically they are a dry suit, but designed to be worn with wading boots. Means you can wade much deeper than normal (aimed at the Czech Nymphing market in one catalogue) or used in a kayak/float tube.
At £799 I cannot see them catching on, but they are an interesting concept. No more water over the top of your chesties and if you go too deep, no danger of being pulled under by the flow getting inside the waders either.
Imax (Savage Gear) also has a version but boot footed.